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Articles tagged "Press Release"

May2013

Palo Alto, CA – May 15, 2013 — Tesla Motors, Inc. (NASDAQ: TSLA) announced today offerings of 2,703,027 shares of common stock and $450 million aggregate principal amount of convertible senior notes due 2018 in concurrent underwritten registered public offerings. In addition, Tesla has granted the underwriters a 30-day option to purchase up to an additional 405,454 shares of common stock and $67.5 million in aggregate principal amount of the notes.

PALO ALTO, Calif.-- Tesla Motors today released its financial results for the first quarter ended March 31, 2013, by posting the current Shareholder Letter on its website. Please visit the investor relations section of the Tesla Motors website at ir.teslamotors.com to view the letter and results.

PALO ALTO, Calif.-- Tesla has hired Aston Martin’s Chief Engineer of Vehicle Engineering, Chris Porritt, to be its Vice President of Vehicle Engineering. Chris is a world-class leader and automotive engineer who established Aston Martin’s Vehicle Engineering team from the ground up and used his innovative approach as Chief Engineer for Aston Martin’s One-77 supercar. The One-77 was best known for its advanced structural design combined with cutting edge active suspension and aerodynamics.

PALO ALTO, Calif.-- Tesla Motors announced today that it is raising the Model S resale value guarantee to be the highest of any premium sedan brand made in volume (excludes rare, low volume or limited edition vehicles). Buying a Model S through the Tesla financing offering now comes with a guarantee that the resale value will be higher than that of BMW, Audi, Mercedes, Lexus or Jaguar.

PALO ALTO, Calif.-- Tesla Motors, Inc. (NASDAQ: TSLA) will hold a conference call on May 3, 2013 at 10:30 AM Pacific Time (1:30 PM Eastern Time) for members of the media, to make an announcement. Following remarks from Elon Musk, Tesla Motors co-founder and CEO, media is invited to participate in a question and answer session.

April2013

PALO ALTO, Calif.-- Tesla Motors, Inc. (NASDAQ: TSLA) will hold a conference call on April 26, 2013 at 10:30 AM Pacific Time (1:30pm Eastern Time) for members of the media, to make an announcement about Tesla Service. Following remarks from Elon Musk, Tesla Motors co-founder and CEO, media is invited to participate in a question and answer session.

PALO ALTO, Calif.-- Tesla Motors, Inc. (NASDAQ: TSLA) announced today that it will post its financial results for the first quarter ended March 31, 2013, after market close on Wednesday, May 8, 2013. At that time, Tesla will issue a brief advisory release via Marketwire containing a link to the first quarter 2013 Shareholder Letter, available on the company website.

AUSTIN, Texas-- A new readers poll conducted by the Austin Business Journal shows that 86 percent of respondents favor direct-to-consumer sales of electric cars, answering yes to the question “Tesla wants to sell electric cars directly to consumers. Should it be allowed to bypass Texas dealership regulations?” Of the participants in the poll, only 12 percent favored current franchise dealership regulations, and two percent said they were unsure of their position.

PALO ALTO, Calif.-- Tesla Motors, Inc. will hold a conference call on April 2, 2013 at 2:00pm Pacific Standard Time (5:00pm Eastern Standard Time) for media, analysts and investors to make an announcement. Following remarks from Elon Musk, Tesla Motors co-founder and CEO, media and analysts are invited to participate in a question and answer session.

March2013

Tesla Motors announced today that sales of its Model S vehicle exceeded the target provided in the mid-February shareholder letter. As customers who note their Model S serial number this weekend will realize, vehicle deliveries (sales) exceeded 4,750 units vs. the 4,500 unit prior outlook. As a result, Tesla is amending its Q1 guidance to full profitability, both GAAP and non-GAAP.